Title: Oleochemicals Market - Forecast(2022 - 2027)
1Oleochemicals Market - Forecast(2022 - 2027)
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- Worldwide increasing demand for biodegradable
products and sustainable solutions are
influencing the demand in the global
oleochemicals market. - Oleochemicals is defined as a chemical compound
derived from natural sources such as plants and
animal fats. - It is readily available in the world and mainly
used in the formulation and production of
industrial, personal care, and household
products, which include surface cleaners,
softeners, fabric cleaners, dishwashing,
automotive cleaners, industrial cleaners,
degreasers, and hygiene products.
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- Key Takeaways from this Report
- The continued push to replace petrochemical-based
solutions new uses, and applications based on
green chemicals are driving the growth of
oleochemicals market revenue. - Oleochemicals investment opportunities within and
beyond Asia-Pacific region and stronger vertical
integration offered by raw material based
companies are fuelling the rationalization
opportunities. - Rapid growth in the production of palm oil and
kernel oil is one of major factors in
oleochemicals market growth.
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By Distribution Channel- Segment Analysis Soaps
and detergents application is dominating among
diverse applications it is estimated to grow
with a CAGR of 4.8 during the forecast period
2019-2025. Massive developments associated with
the largest plantations of oil palms in Southeast
Asia marked the boom of the oleochemical
industry. Southeast Asian countries such as
Malaysia, Indonesia, and Thailand are spurring
the oleochemical industry in the Asia-Pacific
region. In Malaysia, there were 19 oleochemical
plants with an annual processing capacity of 2.67
million tonnes in 2017.
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- Oleochemicals Market Industry Outlook
- Wilmar International
- Croda
- Emery Oleochemicals
- Fairchem
- BakrieSumatera Plantations
- VVF Ltd
- Smart Agribusiness and food
- 3F Industries
- Agarwal group of Industries
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Oleochemicals Market - Forecast(2021 -
2026) Learn More About the Report _at_
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icals-market-analysis.html
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- Analyst Briefing
- Data Tables
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